89.7
Excellent
Property score
89.7
Excellent
Overall 89.7
Larger and newer than most nearby homes
2,211 sqft (top 4%)
Built in 2005 (10 yrs newer than avg)
Located in a high-income area
with median household income of ~141k
Transit 42.0
10-min walk to transit with 1 nearby route
Within 500m: 1 school, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
35% larger than neighborhood avg.
Year Built
Above average
10 yrs newer than neighborhood avg.
Mother tongue
English · 64%French · 6%
Past 10 years Island Lakes sales snapshot (~80% of all data)
654
580k
$348/sqft
1995
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89.7 is composed by the two sections below.
Property Score
Community Score
Island Lakes
How to read: Share of sales in each ~$50k price band for “island lakes” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111206
$141K
Median household income
$153K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
7%
Single-person households
54%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
78 Captains Way — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 171 m), 2 parks (nearest 383 m).
Island Lakes · WPS public data · 2026
Annual incidents
3
2026
vs. city avg
-90%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Violent
67%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 8% | Top 3% | Top 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Top 29% | Top 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 78 Captains Way, Island Lakes
Key Characteristics & Appeal
This two-storey home in Island Lakes presents a compelling blend of space, location, and modern readiness. Built in 2005, it sits on a generous 7,129 sqft lot, which is notably larger than most in the immediate area. The living space of 2,211 sqft ranks well above average for the neighbourhood, offering ample room for family life. A key feature is the renovated basement, adding functional living area, and the home includes an attached garage.
Its appeal lies in its established yet well-maintained stature within a sought-after community. The data suggests a home that consistently performs above the median benchmark for its street, neighbourhood, and city across key metrics like living area, lot size, and assessed value. This isn't just a standard home in the area; it's one that offers more space and land relative to its peers. The thoughtful renovation of the basement adds immediate utility without the need for a major project.
This property would ideally suit growing families or professionals seeking established community benefits with above-average interior and exterior space. It also appeals to the value-conscious buyer who appreciates a home that stands out in its peer group for tangible metrics like lot size and living area, suggesting a solid long-term investment within a stable neighbourhood.
Frequently Asked Questions
1. How does the property's value compare to recent sales?
Based on available data, the home last sold in August 2022 for an estimated range of $655,000 to $685,000. Its current assessed value is $568,000. It's important to note that assessed value is for tax purposes and market value is determined by current conditions.
2. What is the significance of the "above average" rankings?
The rankings show how this home compares to similar properties. For example, its living area is in the top 13% on its own street and top 4% in all of Island Lakes, meaning it offers more interior space than the vast majority of comparable homes.
3. Is the lot size typical for Island Lakes?
No, the lot is a standout feature. At over 7,100 sqft, it is significantly larger than the average lot on Captains Way (~5,069 sqft) and ranks in the top 8% on the street, offering more private outdoor space than most nearby properties.
4. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and scope of the renovation.
5. Can I get the exact historical sold prices?
The precise sale prices are not publicly displayed. The listing service offers to provide the exact figures via email upon request, which they handle manually without using the contact for unsolicited marketing.
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